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Acura TSX Lease Questions

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  • I just signed a lease I couldn't refuse based on the following terms:

    2010 Acura TSX V-6 Base
    36 months
    15,000 miles/year
    $0 due at signing (first payment and all fees rolled into lease)
    $427/month including tax

    Dealers are moving the V-6 models even further than $1,500 (marketing support) below invoice. No one wants them so they are ready to deal. My deal's cap cost wound up being around $2,500 below invoice.

    Hope this helps your negotiations!
  • Wow that sounds like an awesome deal! Where did you get it? The lowest number I am getting is $495 and thats for 10k miles per year and for the 4cylinder tsx w/tech package...same zero down sign and drive but the car I am getting prices almost 2 grand less than your v-6....
  • bvdj84bvdj84 Posts: 1,704
    Yes, many are trying to justify getting the V6. First off, its honda, so the 4cyl will satisfy most and the fact that the V6 is a huge premium over the 4cyl in terms of cost. You did not get a bad deal, but you had to give up the tech package for the extra power. I could not really justify getting the V6 and the tech at its cost. You might as well get a TL.

    I think Honda will find that most will not opt for the V6, especially for the price tag.

    You got a great deal though. I am looking to lease a TSX in the spring, tech/w the 4cyl. It seems that it is leasing better than the Accord. However, if I get an Accord then I will opt for the V6.
  • smarty666smarty666 Posts: 1,503
    I agree with you, something doesn't seem right here, one Acura dealer is offering 0 down with $427 a month for a TSX V6 base yet another dealership is offering 0 down with $495 a month for a TSX 4cyl Tech package? how is the V6 that much lower a month when it is about 2-3k more expensive then the 4cyl with tech package?

    something just doesn't seem right here!! I would shop around at other dealers then for the 4cyl with tech because that price sounds ridiculous; the price the other guy got on the base V6 seems pretty good for a car costing almost 34k with 0 down
  • Yeah ofcourse I would have gotten the TL but the best payment I could get was almost $100 more per month given the same terms and the best payment I could get on the 4 cyl was $400 per month given the same terms. So, for a measly $27 more per month I got the V-6 that is like $5 or $6 grand more car. Acura is not offering any lease cash on the TL or TSX 4 cyl this month so the obvious winner here is the TSX V-6. On another note, I was offered $490/mo based on same terms for a V-6 Tech TSX. That is a great deal too but unfortunately its over my budget but I'm very happy with what I got.

    On another, my '07 base TSX that I turned in had a 6 disc changer and my '10 TSX V6 ($36k vehicle +) only has a single disc CD player WTF!!! I found this out setting up the stereo settings after I signed the deal :-(
  • bvdj84bvdj84 Posts: 1,704
    Yes, I would have done the exact same thing you did too! Good move!

    Are you serious, the $36k TSX V6 only has a single CD player? That may seem like a small issue, but for me, as music guy, that would be a huge problem!! Wow, see I never knew that.

    Seriously, if the 06 Accord SE had this, why is it that the TSX does not.
    But, I think they are wanting you to get the tech package which has more music options such as the 6cd changer. So if I get the TSX, I am literally forced to get the tech.
  • albert72albert72 Posts: 141
    Regarding 1 disc CD I was told they assume most customers now have an iPod or MP3 and no longer need the multi-disc player. Probably true 50 percent of the time at least.
  • bvdj84bvdj84 Posts: 1,704
    Yes, now that you do mention it. I do use my ipod in my car quite a bit! lol, but having a full changer full of tunes is still very nice to have. I will probably opt for the TSX 4cyl tech model. Still possibly be cheaper than the Accord lease.
  • 2010 tsx base v-6 for 36 mo 10k 389.00 mo.tax and dmv fees paid out of pocket total 1348.00.the v6 was far better on the road and was only 20.00 more per mo.
  • cmks02cmks02 Posts: 22
    Car Man:

    Your post states the residual and money rate for a 36 month lease. The Acura web site offers a base TSX on a 30 month lease for $289 per month. Is your 36 month deal the same as the factory 30 month deal, or am I comparing apples and oranges.
  • You're very welcome, albert72. Congratulations on getting your new TSX. Thanks for taking the time to stop back and let everyone know how things turned out. If you haven't already and you have the time, make sure to stop by the Dealer Ratings & Reviews section of this site to share your thoughts on your recent dealer experience.

    Enjoy your new ride :shades: !

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi cmks02. Acura's special lease money factor is indeed the same for both 30 and 36 month leases. The residual values for those terms would be different though. Honda Finance's current 36 month, 15,000 mile per year residual value for a base 2010 4-cylinder TSX without the Tech Package is 59%. Its 30 month residual value for this car is 65%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • cmks02cmks02 Posts: 22
    Car man:

    Here's the deal I just got on a 2010 base TSX, 36 month lease, 10K miles per year...I turned in a leased 2007 TL 2 months early, which was figured into my deal with the remaining 2 payment to Acura Finance covered by the dealer.

    MSRP - $30,120 inc dest charge
    +Sales Tax - ~$900
    Cap cost - $29,175 including sales tax
    Cap Cost Reduction - zero
    Residual - $18,675
    Money factor - .00137
    Monthly payment - $372
    OTD - $692 (included 1 month payment, title, plates, doc)

    I think I got a pretty good deal.
  • Just inked a lease on a 2010 TSX base model.
    3-year lease, 12,000 miles, residual 61%, payments $364/mo (includes 6.25% MA sales tax) plus about $1,000 for acquisition plus title and registration. Cap cost price was reduced to $27,750 with a money factor of .00168.

    Did I get ripped off? It was a long, hard negotiation and hope it was worth it.
  • bvdj84bvdj84 Posts: 1,704
    If you trading only 2mths early. You should have easily had positive equity! When your pay off was lower than your value! I hope you didn't get that thrown away. The dealer didn't eat anything....it was worth more than your pay off. Unless, you went over your mileage like crazy or some light damage to the car.

    Calculate what your pay off was, and then look up your trade value...then this will be your equity you could have got with the new deal. Now, you won't get 100% of that equity, but most or some of it.

    Hope this helps, of course if its signed and done, you'll know for next time, and to not trust this dealer again. :)
  • Here is my quote from local acura dealer. Is this a fair price?

    2010 TSX tech, 6 Cylinder.
    $34,200 CAP
    36/12k TERM
    $473.29 MONTHLY
    $595 ACQ FEE
    $53.55 TAX (Pennsylvania)
    $193.50 T & T
    $1315.34 DUE (we will include all season mats)

    Thanks for any help/comments. I appreciate it.

    Regards
    VikingMan
  • Hi there,

    I'm about to lease or buy a new 2010 tsx base I4. I've been getting quotes from the internet sales dept's of a few delaers as well as one actual dealership that I visited in person. So far, the best offers I have are:

    $27,900 purchase price (can take advantage of 2.9% financing for up to 60 mo.) OR
    $349/mo lease, $2k up front for taxes and fees, 12k miles/yr, 36 months. money factor .00168, residual value 61% of MSRP (30,120)

    How much more can I get away with, or what would be the best price I can expect to actually get now? I'm looking to sign the deal by Saturday.

    I'm still torn on the buy vs. lease thing though. How would you all feel about having this car long-term (meaning 5+ years)? How well do you think the value of this particular model will hold up? Historically they've done well, but it seems that so many people are iffy on the new design Acura has opted for on all it's models. If this changes again in a few years, will it be a disadvantage to own one in this design? I personally like it, but aesthetics is all a matter of opinion. Is it more worthwhile to trade up again in 3 years? I can swing the payments either way, and if all goes according to plan, I can either upgrade a lease or have the car paid off in 4 years. Any opinions would be much appreciated, esp. in regards to your experience buying or leasing this particular car.

    Thanks!
  • bvdj84bvdj84 Posts: 1,704
    I think you can do better on a lease. Start with $0 down. Then work on the deal more. If you like the car after the 3 years, then keep it, but if you know right now that you will keep it, then get a loan on it and keep it. Acura keeps their value really well so this will make for a better outcome. I usually keep leasing and trading every 2yrs or so, but then again, I haven't been truly happy with one car. Though, I would still have my Accord, but ended up trading again. I could see myself keeping the TSX. So if you want to keep it longer, my best advice ever.......get what you want!! Of course within reason and practicality..but get it. Or you'll be sooner or later wanting out. I plan to trade yet again this coming spring, and I will be looking very close at the TSX. It will be 2yrs into my current lease at the point, so I'll be getting the bug to trade.

    This car would cost a bit more to maintain, however, you should have minimal issues, as it is essentially a Honda. But, fancier parts.

    You should start some email quotes through acura.com, start with $0 down.
    Don't let dealers bully you, There are plenty of dealers. Look over previous quotes here too.
  • I leased 2010 TSX today. Paying $275 after 5K down for 30 months. I love it. This is my first Accura and already loving it. Not sure about the deal .. Let me know what you guys think about this deal.
  • ddobddob Posts: 11
    Got quoted the following for a 2010 Base 4cy. with both a 30 mo. and 36 mo. 15000miles:
    MSRP 30120
    Sales price 27769
    MV 270
    Doc 296
    Acqu 595
    Internet 6.50
    NJ tire tax 7.50
    NJ sales tax 7%
    Residual 30 mo .61 16939.09
    Residual 36 mo .59 16383.71
    MF .00168

    monthly 30 mo.: $380.69
    monthly 36 mo. $382.38

    $1556.89 OTD

    I still have 3 months left on an "07 at $330.67/mo.15Kmi./yr. I could simply pay that off ($992.01)for a total OTD of $2548.19, but I think that would be pretty much throwing that money out the window. I currently have 41,700 miles. Does Acura offer a 60 day Credit Rate Lock like BMW? If so, wouldn't it be better to drive the car into February and only eat one month's payment before hitting my mileage limit? Car Man please help! One last thing: I like the Basque Red, but they don't have one in stock. they have plenty of Grigio's which would be my second choice.
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